Fully Renovated! Turnkey Investment! Projected $1,750 Monthly Rent!
If you're looking to invest in Cleveland-area real estate, take a serious look at 207 Forbes Road in Bedford, Ohio.
This beautifully renovated three-bedroom, two-full-bath ranch home with a two-car garage offers investors an opportunity to purchase a property with major improvements already completed.
And the best part? You don't have to coordinate the renovation yourself!
After more than 26 years in real estate and working with over 1,200 properties, I've learned something important:
Successful real estate investing isn't just about buying a property. It's about buying the RIGHT property, at the RIGHT price, with the RIGHT team behind you!
That's exactly why I believe 207 Forbes deserves your attention.
💰 Let's Talk About the Numbers!
Investors want to know one thing: Does the investment make financial sense?
Here are the projected numbers for 207 Forbes:
Asking Price: $179,900
Projected Monthly Rent: $1,750
Projected Annual Gross Rent: $21,000
Projected Gross Rental Yield: Approximately 11.7%
Property Management: $125 per month
One-Year Maintenance Warranty: Offered with the property
These are attractive numbers to evaluate, especially when you consider the renovations have already been completed.
The projected gross rental yield is calculated before property taxes, insurance, vacancy, maintenance, capital expenditures, financing, and other ownership costs. Actual returns will depend on those expenses and the rent achieved.
🔨 The Renovation Is Already Done!
One of the biggest challenges investors face is buying a property that needs extensive repairs.
You purchase the home, hire contractors, wait for the work to be completed, and hope everything stays on budget.
I've managed hundreds of renovation projects over the years, and I can tell you that having an experienced team makes a tremendous difference.
At 207 Forbes, the hard work has already been completed!
Property improvements and features include:
✅ Newer luxury vinyl flooring throughout
✅ Fresh interior painting
✅ Updated bathrooms
✅ Updated electrical panel
✅ Newer plugs and switches
✅ Updated water heater
✅ New blinds
✅ Enclosed rear patio
✅ Large backyard
✅ Two-car garage
✅ Two lots included
This is the kind of property investors should be looking for: a home with major updates already completed and the potential to attract qualified tenants.
📈 Why Bedford, Ohio?
Bedford is part of the Greater Cleveland metropolitan area, offering access to employment centers, shopping, transportation routes, and surrounding communities.
For real estate investors, the Cleveland market offers something that's becoming increasingly difficult to find in many parts of the country:
Residential properties at purchase prices that may still support positive rental cash flow.
At a projected rent of $1,750 per month, 207 Forbes offers the potential for $21,000 in annual gross rental income.
Of course, every investor needs to evaluate operating expenses, financing, and market conditions before making a purchase.
But here's what I always tell investors:
Don't just look at the purchase price. Look at the income potential, condition of the property, neighborhood, and long-term investment strategy.
🛡️ One-Year Maintenance Warranty — Added Peace of Mind!
One feature that makes this opportunity especially interesting is the one-year maintenance warranty being offered.
For investors who live outside Ohio, unexpected maintenance issues can be a major concern.
A warranty with clearly defined coverage can help reduce some of that uncertainty.
But even more importantly, having an experienced local property management team means you don't have to handle everything yourself.
🌎 Out-of-State Investors — We Can Handle the Details!
I work with investors who don't live in the Cleveland area, including buyers from other states and overseas.
Some investors want to purchase one rental home. Others want to build portfolios of three, five, ten, or more properties.
Our turnkey investment services can include:
1. Property Acquisition: Helping investors identify and purchase suitable income properties.
2. Property Inspections: Coordinating professional inspections and reviewing needed repairs.
3. Renovation Management: Working with contractors and monitoring the renovation process.
4. Professional Marketing: Using professional photography, video, online listings, and rental advertising.
5. Tenant Placement: Marketing the property, screening applicants, and securing qualified tenants.
6. Property Management: Coordinating ongoing rental operations for a flat management fee of $125 per month.
7. Investor Communication: Providing updates and access to property information.
Our goal is simple:
Help investors spend less time dealing with rental-property headaches and more time building their real estate portfolios!
🏠 Why Buy Turnkey Instead of a Fixer-Upper?
Let's compare the two approaches.
Buying a fixer-upper:
You need to hire and supervise contractors.
Renovation expenses may exceed your original budget.
Unexpected repairs can delay completion.
You may have months without rental income.
You need to coordinate everything before finding a tenant.
Buying a turnkey property like 207 Forbes:
Major renovations are already completed.
You can inspect the finished product before purchasing.
You have a clearer picture of the property's condition.
You can begin the leasing process without first completing a major renovation.
Professional management services are available.
A fixer-upper can still be a great investment when purchased correctly. However, many investors prefer the simplicity of a property that's already renovated.
💵 Think About the Long-Term Opportunity!
At a projected $1,750 monthly rent, this property could generate:
One Year: $21,000 in gross rental income
Three Years: $63,000 in gross rental income
Five Years: $105,000 in gross rental income
These illustrations assume full occupancy and unchanged rent. They are not net profit projections and do not account for expenses, vacancies, or rent changes.
Over time, an investor may also benefit from property appreciation and mortgage principal reduction, although neither is guaranteed.
Real estate investing is about building income and wealth over time, not just collecting one month's rent!
📞 Ready to Add 207 Forbes to Your Investment Portfolio?
If you've been thinking about purchasing an income property in the Cleveland area, this is an opportunity worth investigating.
207 Forbes Road | Bedford, Ohio
🏡 Three Bedrooms
🛁 Two Full Bathrooms
🚗 Two-Car Garage
🌳 Two Lots
🔨 Fully Renovated
💰 Asking Price: $179,900
💵 Projected Rent: $1,750 Per Month
🛡️ One-Year Maintenance Warranty Offered
Whether you're purchasing your first rental property or expanding an existing portfolio, I'd be happy to discuss the numbers, show you the property, and explain how our turnkey investment program works.
Don't just buy another house. Invest in a property with income potential and an experienced local team behind it!
Contact Brett Young — Cleveland Income Real Estate
Brett Young | Realtor & Property Manager
Key Realty LTD
📞 216-703-5740
🌐 Website: https://www.clevelandincomerealestate.com/
🎥 YouTube Channel: https://www.youtube.com/@BrettYoungCashflowhomes
📊 Investment Results & Statistics: https://realincomeproperties.blogspot.com/
26+ Years of Real Estate Experience | 1,200+ Properties Handled
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Thank you